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News Release: Confluent Senior Living and MorningStar Senior Living Enter into Exclusive Negotiating Agreement with the City of Tustin for a Class A Senior Living Community
FOR IMMEDIATE RELEASE September 20, 2023 283,000-Square-Foot Redevelopment Anticipated to Set Gold Standard for Senior Living in Orange County TUSTIN, Calif. – Confluent Senior Living and MorningStar Senior Living have entered into an Exclusive Negotiating Agreement (ENA) with the City of Tustin to lead the development of MorningStar at Tustin Legacy, an approximately 283,000-square-foot, large-scale […]
News Release: Life sciences market poised for a comeback
After reset period, the resilient life sciences industry offers opportunities and bright spots for both occupiers and owners September 19, 2023 CHICAGO, Sept. 19, 2023 – The life sciences commercial real estate market has undergone a reset this year but is well positioned to be the comeback kid as capital sources grow more confident and […]
Feature Story: Providers still looking to expand despite hard times
Hospital and health system executives on InterFace conference panel discuss strategies, concerns By John B. Mugford Just how bad are the financial difficulties currently facing the nation’s hospitals and health systems? As one health system real estate executive put it during the InterFace Healthcare Real Estate (HRE) Conference on Sept. 7 in Dallas, “Okay, interest […]
News Release: Horizon Technology Finance Management Expands Origination Team
NEWS PROVIDED BY Horizon Technology Finance Corporation 18 Sep, 2023, 16:15 ET FARMINGTON, Conn., Sept. 18, 2023 /PRNewswire/ — Horizon Technology Finance Management LLC (“Horizon”), the manager and investment adviser for Horizon Technology Finance Corporation (NASDAQ: HRZN) and an affiliate of Monroe Capital, today announced that it has hired Paul A. D’Agrosa as Vice President, […]
News Release: Thomas Burrus Joins JLL As An Associate VP
SEPTEMBER 18, 2023 Thomas Burrus JLL has announced the further strengthening of its national life science platform as part of the global real estate services firm’s continued investment in a dedicated, market-leading business line focused on supporting investors and tenants in the multi-billion dollar sector. Thomas Burrus has joined JLL as an associate vice president […]
Life Sciences: LSRE is attracting more 1031 exchange investors
The head of JLL Income Property Trust talks with BREI about this trend By Murray W. Wolf As most commercial real estate (CRE) investors have long been aware, 1031 exchanges and Delaware Statutory Trusts (DSTs) offer several advantages, including tax deferrals, diversification, opportunities for fractional ownership and more. But the interest in using those tools […]
News Release: MBI Lab Incubator Space Completed by Timberline Construction Will Support Worcester’s Life Science Cluster
POSTED 09.15.23 The instrumental team of LeftField Project Management, Avid Engineers and Ci Design helped to create this space for growing companies in Central MA Massachusetts Biomedical Initiatives (MBI) Canton, MA – Massachusetts Biomedical Initiatives (MBI), a non-profit organization dedicated to advancing the life sciences and biotechnology industries, has opened their new incubator space in […]
Thought Leaders: CBRE Q2 2023 National Healthcare & Life Sciences Real Estate Investor Update
Q2 2023 National Healthcare & Life Sciences Real Estate Investor Update Download the Real Estate Investor Update Key Takeaways from the Q2 2023 Issue: Medical Office • Healthcare real estate transaction volume in the second quarter totaled $1.8 billion, on par with the previous quarter. The year-to-date medical office sales volume of $3.5 billion is […]
News Release: Menlo Equities and Beacon Capital Partners Break Ground on 240,000 SF Life Science Building in San Carlos, CA
September 14, 2023 02:39 PM Eastern Daylight Time MENLO PARK, Calif.–(BUSINESS WIRE)–Menlo Equities, a vertically-integrated commercial real estate investment and development firm, and Beacon Capital Partners, a leading real estate developer, owner, and manager of life science and office properties, are pleased to announce the groundbreaking of Portal 405, a 240,000 square foot life science […]
News Release: National Institutes of Health To Locate Signature Research Program on the Phoenix Bioscience Core
SOURCE: PRESS RELEASE | SEPTEMBER 14, 2023 Wexford Science & Technology, LLC today announced that the National Institutes of Health has signed a lease at 850 PBC and will use the space to accommodate the Phoenix Epidemiology & Clinical Research Branch of the NIH’s National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK). This […]
News Release: Swinerton Set To Top Out Bridge Labs At Pegasus Park
The renovation and expansion will bring additional cutting-edge life science space to Dallas’ rapidly growing industry. 9/14/23 Swinerton, a national industry-leading construction management and general contracting firm, is working with Montgomery Street Partners, J. Small Investments, and an affiliate of Lyda Hill Philanthropies, to construct 135,000 square feet of new research and development lab space […]
News Release: JLL Income Property Trust Fully Subscribes $90 Million Life Sciences DST
Chicago (September 12, 2023) – JLL Income Property Trust, an institutionally-managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with $7 billion in portfolio assets, announced today that it has fully subscribed JLLX Ardenwood, DST. The $90 million, two-property life sciences portfolio, located in Fremont, California, was structured as a Delaware Statutory Trust designed to […]
News Release: Rendina Healthcare Real Estate Announces Key Executive Promotions
NEWS PROVIDED BY Rendina Healthcare Real Estate 12 Sep, 2023, 14:00 ET JUPITER, Fla., Sept. 12, 2023 /PRNewswire/ — Rendina Healthcare Real Estate, a national leader in healthcare real estate development, is delighted to announce the advancement of two distinguished team members in recognition of their remarkable contributions and expertise. David B. Rendina Named Chief Strategy […]
News Release: Cooperman Barnabas Medical Center Places Final Steel Beam for New Cancer Center Building
SEP 12, 2023 Celebratory events held for patients, survivors, donors, and staff as hospital marks construction milestone. Cooperman Barnabas Medical Center (CBMC), an RWJBarnabas Health facility, raised the final steel beam today on its freestanding Cancer Center, now under construction. Cancer survivors, oncology department staff, board members, and donors added their signatures to the steel […]
Feature Story: When will MOB sales bounce back?
Probably not before the elections of 2024, according to an InterFace panel By John B. Mugford On the surface, the current state of the medical office building (MOB) investment market is about as slow as it’s been for years, maybe decades. “The first half of the year volume was down … anywhere from 66 to […]